HDFC Multi Cap Fund vs WhiteOak Capital Multi Cap Fund
HDFC Multi Cap Fund and WhiteOak Capital Multi Cap Fund are both Multi Cap funds. As of 5 Nov 2026 (Direct plan, Growth option): 3-year CAGR +11.89% vs +18.74%, 5-year CAGR — vs —, volatility 16.27% vs 15.14%, maximum drawdown −20.20% vs −16.93%. Their portfolios overlap by 30.2% (49 stocks held by both).
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| HDFC Multi Cap | WhiteOak Capital Multi Cap | |
|---|---|---|
| Fund house | HDFC Mutual Fund | WhiteOak Capital Mutual Fund |
| Compared as | Multi Cap | Multi Cap |
| NAV | ₹19.5520 | ₹16.8370 |
| NAV date | 5 Nov 2026 | 5 Nov 2026 |
| Launched (first NAV) | 10 Dec 2021 | 25 Sep 2023 |
| Track record | 4.9 yrs | 3.1 yrs |
| Fund size (AUM) | ₹19,490 Cr | ₹4,308 Cr |
| Securities held | 121 | 211 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| HDFC Multi Cap | WhiteOak Capital Multi Cap | |
|---|---|---|
| 1 month | +2.78% | +2.41% |
| 3 months | −3.60% | −1.45% |
| 6 months | −0.20% | +5.01% |
| 1 year | −4.02% | +4.12% |
| 3 years (CAGR) | +11.89% | +18.74% |
| 5 years (CAGR) | — | — |
| 7 years (CAGR) | — | — |
| 10 years (CAGR) | — | — |
| Since launch (CAGR) | +14.60% | +18.15% |
| SIP return (XIRR, 5 years) ⓘ | — | — |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| HDFC Multi Cap | WhiteOak Capital Multi Cap | |
|---|---|---|
| 2026 (year to date) | −2.93% | +5.18% |
| 2025 | +3.34% | +7.19% |
| 2024 | +22.21% | +30.77% |
| 2023 | +41.93% | — |
| 2022 | +11.30% | — |
Risk
| HDFC Multi Cap | WhiteOak Capital Multi Cap | |
|---|---|---|
| Volatility (annualised) ⓘ | 16.27% | 15.14% |
| Downside volatility ⓘ | 11.41% | 10.09% |
| Sharpe ratio ⓘ | 0.33 | 0.81 |
| Sortino ratio ⓘ | 0.47 | 1.22 |
| Maximum drawdown ⓘ | −20.20% | −16.93% |
| Recovery from that fall | — | 4 months |
| Current fall from peak | −6.37% | −2.43% |
| Rolling 1-year return: worst | −10.58% | −2.13% |
| Rolling 1-year return: median | +12.40% | +11.05% |
| Rolling 1-year return: best | +54.19% | +50.71% |
| Share of 1-year periods with a loss | 16.01% | 1.34% |
Against each fund's benchmark
| HDFC Multi Cap | WhiteOak Capital Multi Cap | |
|---|---|---|
| Beta ⓘ | 0.98 | 0.91 |
| Alpha (Jensen's, annualised) ⓘ | −1.15% | +5.49% |
| R² ⓘ | 98.31 | 94.85 |
| Upside capture | 97.15% | 110.32% |
| Downside capture | 102.79% | 87.03% |
| Tracking error | 2.17% | 3.84% |
| Information ratio | -0.62 | 1.52 |
| Treynor ratio | 3.82 | 11.97 |
Portfolio
Asset mix
| HDFC Multi Cap | WhiteOak Capital Multi Cap | |
|---|---|---|
| Equity | 97.92% | 88.07% |
| Cash & equivalents | 1.33% | 4.24% |
| REITs / InvITs | 0.50% | 4.02% |
| Debt | 0.25% | 3.67% |
Market-cap split (share of fund assets)
| HDFC Multi Cap | WhiteOak Capital Multi Cap | |
|---|---|---|
| Large Cap | 43.17% | 31.58% |
| Mid Cap | 26.33% | 24.03% |
| Small Cap | 27.02% | 29.57% |
| Unclassified | 1.40% | 2.89% |
Concentration
| HDFC Multi Cap | WhiteOak Capital Multi Cap | |
|---|---|---|
| Top 10 holdings | 24.16% | 21.23% |
| Effective number of stocks ⓘ | 80.9 | 101.7 |
| Securities held | 121 | 211 |
Portfolio overlap: 30.2%
49 companies are held by both funds; by weight, 30.2% of the two portfolios is the same. That is a moderate overlap.
| Held by both | HDFC Multi Cap | WhiteOak Capital Multi Cap |
|---|---|---|
| ICICI Bank Limited | 3.66% | 5.07% |
| Bharti Airtel Limited | 2.13% | 2.69% |
| HDFC Bank Limited | 3.93% | 2.10% |
| Eternal Limited | 2.13% | 1.69% |
| State Bank of India | 1.77% | 1.63% |
| Mahindra & Mahindra Limited | 1.32% | 1.49% |
| Reliance Industries Limited | 2.41% | 1.19% |
| Kotak Mahindra Bank Limited | 1.92% | 1.13% |
| Coforge Limited | 1.08% | 0.99% |
| Bharat Electronics Limited | 1.00% | 0.85% |
| Aadhar Housing Finance Limited | 0.84% | 1.16% |
| Maruti Suzuki India Limited | 1.12% | 0.75% |
| Five Star Business Finance Limited | 1.11% | 0.71% |
| Max Financial Services Limited | 0.70% | 1.16% |
| Persistent Systems Limited | 0.68% | 1.00% |
Top 10 holdings
HDFC Multi Cap
- HDFC Bank Limited3.93%
- ICICI Bank Limited3.66%
- Axis Bank Limited2.44%
- Reliance Industries Limited2.41%
- Bharti Airtel Limited2.13%
- Eternal Limited2.13%
- Britannia Industries Ltd.2.05%
- Kotak Mahindra Bank Limited1.92%
- State Bank of India1.77%
- NTPC Limited1.72%
WhiteOak Capital Multi Cap
- ICICI Bank Limited5.07%
- Bharti Airtel Limited2.69%
- Nestle India Limited2.51%
- HDFC Bank Limited2.10%
- Eternal Limited1.69%
- Nexus Select Trust - REIT1.67%
- State Bank of India1.63%
- Mahindra & Mahindra Limited1.49%
- Reliance Industries Limited1.19%
- The Federal Bank Limited1.19%
Sector exposure
| HDFC Multi Cap | WhiteOak Capital Multi Cap | |
|---|---|---|
| Banks | 15.49% | 14.28% |
| Pharmaceuticals & Biotechnology | 6.22% | 7.71% |
| Finance | 6.93% | 7.33% |
| Auto Components | 6.12% | 2.07% |
| IT - Software | 5.33% | 3.36% |
| Retailing | 3.17% | 5.11% |
| Leisure Services | 4.61% | 1.45% |
| Consumer Durables | 4.48% | 3.20% |
| Realty | 2.04% | 4.48% |
| Healthcare Services | 3.13% | 3.89% |
| Telecom - Services | 3.28% | 3.86% |
| Capital Markets | 2.50% | 3.72% |
| Electrical Equipment | 1.32% | 3.53% |
| Industrial Products | 3.36% | 3.17% |
Questions people ask
What is the difference between HDFC Multi Cap and WhiteOak Capital Multi Cap returns?
As of 5 Nov 2026, Direct plan Growth option: 1-year return −4.02% vs +4.12%; 3-year CAGR +11.89% vs +18.74%; 5-year CAGR — vs —; 10-year CAGR — vs —. Past returns do not indicate future returns.
How do HDFC Multi Cap and WhiteOak Capital Multi Cap compare on risk?
Volatility (36 monthly returns, annualised) 16.27% vs 15.14%; Sharpe ratio 0.33 vs 0.81; Sortino ratio 0.47 vs 1.22; maximum drawdown −20.20% vs −16.93%; beta 0.98 vs 0.91.
How much do HDFC Multi Cap and WhiteOak Capital Multi Cap overlap?
By weight, 30.2% of the two portfolios is invested in the same companies; 49 stocks are held by both, the largest shared positions being ICICI Bank Limited, Bharti Airtel Limited, HDFC Bank Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of HDFC Multi Cap and WhiteOak Capital Multi Cap?
HDFC Multi Cap: large cap 43.2%, mid cap 26.3%, small cap 27.0%. WhiteOak Capital Multi Cap: large cap 31.6%, mid cap 24.0%, small cap 29.6% (share of the fund's assets, from its latest disclosed portfolio).
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
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Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 5 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.